Aviva Investors Real Estate France, a subsidiary of Abeille Assurances, formerly Aviva France, has acquired, on behalf of one of its clients, a period office in Neuilly-sur-Seine.
Financial details were not disclosed.
Dubbed Inpost, the 1928-era property was sold by CBRE Investment Management on behalf of one of its separate account clients.
The former post office, is an iconic corner building with outstanding features of Art Deco Architecture.
Located at 66-70 avenue Charles de Gaulle, in the centre of Neuilly-sur-Seine, between La Défense District and the Central Business district of Paris, the asset benefits from an excellent accessibility by car and public transportation.
Fully refurbished in 2006, the property offers a total of approximatively 4 500 m2 of office and retail spaces over a ground floor, five upper floors and two underground floors with parking spaces.
Organised around an open inner courtyard, the asset offers large functional office spaces with high ceiling heights and terraces on the top two floors. Fully let, the property features a NF HQE environmental certification.
Grégoire Bailly-Salins, head of transactions Europe at Aviva Investors Real Estate France said: 'We are delighted to have acquired a prime office building in the heart of Neuilly-Sur-Seine and to secure, on an off-market basis, Inpost which is one of the most iconic assets of the city.'
Aviva Investors Real Estate France was advised by CBRE capital markets, Thibierge and Archers. The seller was advised by Allez et Associés and Allen & Overy.
